eTranzact To Utilize Blockchain Technology To Improve Banking Services.

By Diutocoinnews

eTranzact International Plc, seeks to utilize Blockchain Technology to reduce customer cost and improve data security for its customers. eTranzact is a pioneer company in money transfer operating in Nigeria, Ghana, Kenya, Zimbabwe, Cote d’Ivoire, and UK. According to the Guardian Newspaper reports, the Deputy Managing Director, eTranzact, Hakeem Adeniji-Adele, said the company is already…

Things You Must Know About Libra Cryptocurrency. The Facebook New Cryptocurrency.

By Ogbuowelu Uchechukwu

Libra Cryptocurrency dubbed Facebook cryptocurrency is set to launch mid 2020 after the whitepaper was released in June 2019. Many financial institutions has taken a negative stance towards Libra development. Some notable financial institutions around the world has spoken on its negative effects towards the financial institutions. The US government has ordered Facebook to halt…

Why Bitcoin As A Ransom

By Diutocoinnews

      Lately, the global interest in bitcoins has grown. So, it becomes extremely important to understand the basics of bitcoin and other virtual currencies. Bitcoin, and its alternatives are all based on cryptographic algorithms which are encrypted. This makes the currency decentralized giving ownership to the user.       These can be purchased through an online exchange or…

Hacker Moves $6 million Stolen Funds From Binance.

By Ogbuowelu Uchechukwu

Binance hackers are moving once more, part the stolen assets. Confirm, affirmed the move of assets from the binance hacker address. From Coinfirm’s report, the hackers moved 1,060.64474480 BTC or $6,148,122.40 in various events lessening its number in various events. On June 12, 2019, the hacker moved over $6 million from this bitcoin wallet, bc1q2rdpyt…..,…

Facebook In Talk With Coinbase To Launch It’s Own Cryptocurrency.

By Ogbuowelu Uchechukwu

The social media giant Facebook reportedly in talk with the United States based Cryptocurrency Exchange Coinbase to develop it’s Cryptocurrency. As was reported by Financial Times about the Facebook’s “Globalcoin” project. Facebook has discussed the initiative with major crypto exchange and wallet Coinbase. The report also notes that Facebook reportedly spoke with the Gemini exchange,…

Weekly On Diutocoinnews : Crypto and Tech Crimes In Nigeria.

By Ogbuowelu Uchechukwu

Welcome To The First Edition Of Crypto and Tech Crimes Weekly. The negative impacts of technology and cryptocurrency and how to stay safe. The information age is the one of the most significant era human history. Individuals engage in different online activities either to learn, connect or for security reasons. These days one doesn’t have…